Equipment Leasing
Leasing is a tax advantage.
Depreciation benefits enable you to deduct rental payments as regular operating expenses. Therefore, if you are subject to the alternative minimum tax, you can benefit because the lease payments are not considered as tax preference items.
Leasing is cash flow management
Leasing keeps your lines of credit open, therefore, you do not tie up your cash in equipment. In addition, it allows you to avoid costly down payments. Another advantage include off-balance sheet financing. Leasing helps to better manage your assets and liabilities.
Leasing adds Flexibility
Do you have an irregular stream of income? Your business conditions, cash flow, equipment needs and tax situation dictates the terms and conditions of your lease. Regardless of the current interest rate environment, you will be able to acquire equipment.
Leasing is protection against equipment obsolescence
Are you exhausted of working with obsolete equipment? Leasing allows you to return the equipment or secure an upgrade at the end of the term. Furthermore, your equipment needs may change over time due to expansion. Leasing allows you to keep your options open.
Leasing is convenience in equipment management
By leasing, you transfer the uncertainties of asset management, which allows you to concentrate on making the asset a productive part of your business.
First Financial Leases have included but are not limited to:
| Air Conditioning Equipment | Drill Presses | Manufacturing Equipment | Saw Mill Equipment |
| Aircraft | Drilling Equipment | Medical Equipment | Scientific Equipment |
| Environmental Equipment | Metal Forming Equipment | Shelves and Display Cases | |
| Broadcasting Equipment | Farm Machinery | Metal Plating Equipment | Shelving and Display Cases |
| Buses | Fax Machines | Milling Machines | Ships |
| Cement Mixers | Film Processing Equipment | Office Equipment | Sound Equipment |
| Chemical Handling Equipment | Food Handling Equipment | Office Furniture | Store Lighting and Fixtures |
| Chiropractic Equipment | Forestry Equipment | Paint Spray Equipment | Swimming Pools Equipment |
| Commercial Kitchen Equipment | Fork Lifts Trucks | Paper shredders | Television and Home Theater Equipment |
| Commercial Sewing Machines | Heating Equipment | Phone Systems | |
| Communications Equipment | Hoist | Photographic Equipment | |
| Compressed Air Equipment | Hotel Equipment | Pizza Ovens | TV Studio Equipment |
| Computer Equipment | Industrial Equipment | Plants | Video Equipment |
| Construction Equipment | Jewelry Makers Equipment | Polishing Equipment | Water Purification Equipment |
| Copiers | Laminating Equipment | Power Plant Equipment | Water Treatment Equipment |
| Cranes | Lathes | Railroad Equipment | Welding Equipment |
| Decorative Art | Lighting Equipment | Recycling Equipment | Woodworking Equipment |
| Dental Equipment | Limos | Refrigeration Equipment | |